Question

Some projects, such as mines, have cash outflows followed by cash inflows, which are then followed by cash outflows, giving the project multiple rates of return.

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Answered by GPT-4o mini
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In projects like mines, it's common to experience multiple cash flows over time: initial cash outflows for setup and development, followed by cash inflows from production, and then additional cash outflows for closure or maintenance. This pattern can indeed result in multiple internal rates of return (IRR) due to the non-conventional cash flow structure.

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